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Ecuadorean official pledges fair rules for foreign miners

mercian9

Sep 10, 2008 08:25PM

mercian9

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Re: Ecuadorean official pledges fair rules for foreign miners

in response to

Ecuadorean official pledges fair rules for foreign miners

mercian9

posted on Sep 10, 2008 08:50PM

Mr. Cordova's speech was more positive than many analysts and investors at the conference expected. But Kinross chief executive officer Tye Burt said he wasn't surprised.

"It's right on track with what we've seen and heard on the ground in Ecuador," he said.

Of course he wasn't surprised, he's probably been getting daily updates direct from the mining minister.